Under the slogan “You are not a loan, you are not alone,” Occupy Wall Street’s “Strike Debt” group is aiming to inject life into a resistance movement against debt repayment. The operation is gaining worldwide support, and could very well revive the protest movement which was born a year ago.
How Iceland managed its financial crisis is often quoted as being a real alternative to the debt crisis in Europe. However, there are a lot of misunderstandings surrounding the icelandic case. I tried to clarify the truth in several posts. Here is a short summarize of what people should understand. Continue reading